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. 2� 1 ��2�28
<br /> DEED C]F T�U�T
<br /> ��ont�nu�d} Page �
<br /> interest v�-�he enfrvrcement vfi its ri�hts shall �ecvme a pa�t❑f the 1nd�btedness payable on demand and shall bear
<br /> interest at the Nate ra�e�'rom the date o�the expenditure until repaid. Expenses�vvered by th€s paragraph include,
<br /> withvut limitat€on, howe�er sub�ec�tv any f�mi�s under app[icable [aw, Lender's attorneys'fees and Lender's legal
<br /> �xpenses, whether or n�� �here is a lawsuit, including attorneys' fees and expenses far bankrup�cy pr�ceedings
<br /> tincluding effarts to modify or�acate any au�oma��c s�ay v�injunc��vn}, appea�s,and any an�icipa�e�post�udgmen�
<br /> coflection services, the cas#of sear�hing recvrds, obta�ning t�tle reports �including foreGlvsure repa�ts}, survey�rs'
<br /> reparts, and appraisa� fees, title insuran�e, and fees fo�- �he Trustee, �o the e�tent permitted by applicable law.
<br /> T�-us�ar alsv wili pay any Gour��asts, in addi�ion�o al!�ther sums pro�ided by law.
<br /> Righ�s of Trus�e�. Trustee shall ha�e all of the rights and duties o�Lender as se�forth in�his section.
<br /> P�WERS AND �BL1�AT1aNS DF TRl1STEE, The following pra�isions relat�ng to the powers and abligations ❑f Trus�ee
<br /> are par�af this ❑eed vf Trust:
<br /> Powers vf Trustee. In add��ifln tv all p4wers of Trus��e aris�ng as a mat�er af iaw, TruStee shal[ ha�e the power to
<br /> take the fo!lowing actians with respect to the Prope�ty�pon �he wr�tten request of L�nder and Trustor: �a}join in
<br /> preparing and filing a map or plat of the Real Proper�y, �ncluding the dedi�ativn vf streets or o�h�r �ights to the
<br /> publi�; �h} join in granting any easemen� or creating any restriction on th� Rea� Prope�ty; and {c} �oin in any
<br /> subordination or ather agresment affiecting this Qeed of Trust vr the interest o�F Lender under this Deed of Trus�.
<br /> Trustee. Trustee sha�I meet all quaiifi�atians required for Trus�ee under appliGabfe law. In addition to the righ�s
<br /> and remed3es s��for�h above, with respect to all ❑r any part af�he Prvper�y, the Trus�ee shall ha�e the righ�to
<br /> fore�iase by not�ce and sale, and Lender shal! ha�� the right tv foreclvse by judicial far�closure, in either case in
<br /> aGco�dance wi�h and to#he ful�ex#ent pr��ided by applicable law.
<br /> Successor Trustee. Lender, a�Lender's op��on, may�rflm time tv time appoint a su�cessor Truste�to any Trusfee
<br /> � appointed under this D�ed of Trus� by an instrument exeeu�ed and acknowledged by Lender and recorded in the
<br /> o�fic� vf �he recarder of Ha11 Coun�y, State vf Ne�raska. The instrument shall cvntain, in addition to all other
<br /> rnatters required by state faw, �he names af �he flriginal Lender, Trustee, and Tru�tor, �he book and page �or
<br /> computer system re�erence} where this Deed of Trus� �s recarded, and the name and address af�he success�r
<br /> firustee, and�he instrument shalf be executed and aeknowledged by alf the beneficiaries under this Deed of Trus#vr
<br /> their suc�essors in inte�es#. The successar trustee, wifhvut canveyance of the Prvperty, shall succeed to all �he
<br /> title, pawer,and du�ies can�Ferred upvn the Trustee in�his Deed of Trust and by app�iGab�e law. This procedure�or
<br /> subst�tu�i�n af Trustee shall go�em ta�he exclusion of all a�her prv�isivns fvr substi�utian.
<br /> N�TICES. Any nafi�e required t❑ be given under this �eed o#Trust, including withau��imitation any n�ti�e of default
<br /> and any nv�ice of sale shall be gi�en in writing, and shall be effecti�e when a��ually delivered, when actualiy rece��ed
<br /> by telefacsEmile�unless v�herwise required by law},when deposited with a nativnaliy re�ogni��d a�ernigh�courier,or, if
<br /> mailed, when depvsited in the Unifed S�ates mail, as first class, certified vr reg�stered mail pas�age prepa�d, directed to
<br /> #he addresses shawn near the beginning of th is Deed of Tru�t. A11 Gopies af nvtices of forecl�sure from �he hvlder of
<br /> any lien wh��h has prEarity oWer th is Deed af Trus#shall be sent to Lender's address, as shown near the beginning af
<br /> this �eed vf Trus�, Any parrty may �hange �ts address f�r notices under this De�d of Trus� by gi�ing farmaf written
<br /> n�tice to th� other parties, specifying tha# the purpvse of the notice is to change the party's addr�ss. For noti�e
<br /> purpases, Trustar agrees tv keep Lender informed at all times af Trustvr's current address. unless atherwise pro�ided
<br /> or r�quired by�aw, if there is more than ❑ne Trus�ar, any nati�e gi�en by Lende��o any TruStor is deemed to be n�tice
<br /> gi�en ta all Tr�ustars.
<br /> ELECTR�NIC ��P1ES. L�nd�r may �vpy, ele�tron�cally ar othenrvise, and thereafter des��ay, th� originals af �his
<br /> Agreem�nt andlor ��lated ❑ocumen�s in �he �egular cvurse of Lender's husiness. All such capies prvduced from an
<br /> e�ectronic�o�m ar by any ath�r refiable means {i.e., pho�agraphic �mage vr fa�simil�}sha�� �n a�l respects b���nsid�r�d
<br /> equivaien�to an vriginal, and Borr�wer hereby waives any rights or objec��ons to the use of such cvpies.
<br /> M[SCELLANE��S PRaVIS1�NS. The following miscellaneQus prv�isions ar�a part of this D�ed of Trust:
<br /> Amendments. This Deed v�Trust, tagether with any Rela�ed Documen�s, consti�utes the entire understanding and
<br /> agreement af the parkies as to the ma�ters set for�h in this ❑eed a�Trust. Na alteration o�ar amendment ta this
<br /> Deed��Trust sha!! be eff�ctive unfess gi�en in wri�in� and signed by the par�y�r partF�s saugh�to be charg�d o�
<br /> bound by�he alteration vr amendmen�.
<br /> Annua[ Reports. !f �he Property is used fvr purpv,ses vther than T�ustor's r�sidence, T�-ustor shall �umish ta
<br /> Lender, upan requ�s�, a cer�ified sta�emen� of net ap�rating incame recei�ed frvm the Property during Trustor's
<br /> preWious fscal year in such form and de�aif as Lender shall require. "Net aperating incvme" shall mean aIl cash
<br /> receipts�ram th�Property less all cash expenditures made in cvnn�ction w�th th�operativn of the Property.
<br /> Caption Headings. Captian headings in �his De�d of Trust are for ean�enience purposes only and are not to bs
<br /> used fo interpret ar def:ne the prv�isions vf�his De�d af Trust.
<br /> Merg�r. There shall be nv merger af th� interest or estate create� by th is ❑eed o�Trust w ith any�the�-in�ersst or
<br /> est�te in the Proper�y at any time held by or for the beneft of Lender in any capac�ty, wi�hout the writt�n consent
<br /> o�L�nder.
<br /> Governing Law. This Deed of Trust will be gove�ned by federal law appricable ta Lende� and, to the ex�ent no#
<br /> pr�eempted by f�dera! law, the laws af the S�a�e nf Nebraska w'rthout r�gard to�ts con�licts of la�nr pro�is'ron�. Th�s
<br /> i]eed vf Trust has heen accep�ed by Lend�r�n�he State of Nebraska.
<br /> Chnice of Venue. !f there is a �awsu��, Trustar agrees upon L�nder's �equest to submit tv the�urisdictian of the
<br /> c�u rts v�Hal I Cau nty,State of hlebraska.
<br /> Joint and Se�eral Liabil�ty. All oh[igativns of Trustor under�his Deed o�Trust shalf be joint and s�veral, and al�
<br /> r-efer�nces t� Trustor shall mean each and e�ery Trustor. This means tha� each Trus�or signing belvw is
<br /> responsible�or afl obligativns in this Deed of Trust.
<br /> No Wai�er by Lender. Lender shall not be deemed to haWe vsraived any rights under this ❑eed af Trust unless such
<br /> wai�er is�i�en in wr�ting and signed by Lender. No delay or amissian vn the pa�of Lende��n �xe��ising any righ�
<br /> shall operate as a waiver af such right or any afher right, A waiver by Lender Q�a pro�ision vf this Deed of Trus�
<br /> shall not prejudice or constitute a wai�er vf Lender's right otherwise to demand stric� comp�iance with fha�
<br /> provision or any other pro�isivn of this Deed of Trus�. Nv prior waiver by Lender, nor any caurse of dealing
<br /> between Lender and Trusto�, shall cvns�i�u�e a wai�er vf any n� Lender's rights or of any of Trustor's vbligations
<br /> as to any future t�ansactions. V1lhen��er the consent c�� Lende�is r�quired urtder this Deed of Trus�, the granting
<br /> of suGh cvnsent hy Lender in any instance shal� no� cvnstitute cvntinuing �onsent�v subsequent ins�ances where
<br /> such consen�is required and in alI�ases such consen�may be g�anted vr wtthheld in�he so�e discre�ion of Lender.
<br /> Se�erabifity. If a caurk af competent jurisdfc�ion f nds any prv�ision o�this Deed of Trus�ta be illegal, in�al�d, vr
<br /> unen�arceable as tv any p�rsan or circumstance,that finding shall na�make�he o�Fending prv�ision il��gal, in�alid,
<br /> or unenforceable as tv any other persvn or circumstance. If�eas�b�e, the ofFending pro��sion shall be considered
<br /> madified so�hat it becames legal, �alid and enfvrceable. lf the ofFending prav�sion canno� be so mvdified, it shall
<br /> be considered deleted from this Deed of Trust. Unless othervvise required by law, the ili�ga�ity, invalidity, or
<br /> unenforceabili�y of any provision of�his Deed of Trust shal� not affiec�the Iegaiity, �aiidity or enforceability vf any
<br /> ather pro�ision o�th�s Deed n�F Tn.�st.
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